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See how verdicts work2-bedroom terraced house · DN35 8JW
For saleReduced £5k (−5.3%) on 22 OctListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts are pleased to bring to the market this ideal investment opportunity comprising of a two bedroom maisonette located only a short stroll of the Cleethorpes beachfront and the areas many amenities.
Enjoying the benefits of gas central heating and uPVC double gazing, the accommodation briefly comprises open plan living / kitchen area, dining room or ground floor bedroom and then finally to the first floor there is a landing, bathroom and bedroom.
Small yard to the front/side. Kitchen/Living Room (12' 2'' x 45' 3'' (3.70m x 13.80m)) A versatile open-plan kitchen and living area that forms the heart of the home.
The kitchen is fitted with a range of cream shaker-style units and contrasting dark worktops, incorporating an oven, hob, extractor hood, sink and space for appliances including a washing machine.
The space flows seamlessly into a comfortable living area with ample room for seating, while a staircase rises to the first floor.
Wooden flooring in the kitchen zone transitions to carpet in the living space, and the room benefits from natural light via windows and the front entrance. Central heating radiator.
WC (5' 9'' x 2' 6'' (1.74m x 0.77m)) The cloakroom is fitted with a close coupled w.c and wash hand basin. Wall mounted gas boiler. Central heating radiator.
Dining Room Or Second Bedroom (12' 2'' x 11' 2'' (3.70m x 3.40m)) Currently used as a dining room, this versatile space was originally designed as a ground floor bedroom. UPVC double glazed window.
Central heating radiator. First Floor Landing Access to the bedroom and bathroom.
Bedroom (8' 10'' x 17' 9'' (2.70m x 5.40m)) Good sized double bedroom with two uPVC double glazed windows to the front aspect. Central heating radiator. Built in wardrobe.
Bathroom (12' 2'' x 7' 7'' (3.70m x 2.30m)) A well-appointed family bathroom fitted with a white suite comprising a panelled bath with shower over and glazed screen, a pedestal wash-hand basin and a WC.
Part-tiled walls, a heated towel rail along with a second radiator and a window with obscure glass complete this practical and light space.
Outside The property benefits from a yard to the front aspect which has a patio area.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 28, Cross Street, Cleethorpes
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